This was a long time coming. Highly funded food delivery company Munchery informed its customers that it was going to be shutting down. The news comes a few months after it laid off 30% of its workforce and stopped operating in any cities beyond San Francisco. Munchery had raised a total of $125 million. Its demise is a black mark for all the involved backers, but especially Sherpa Capital and...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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